Saratoga Springs Approves $62.6 Million Budget 

SARATOGA SPRINGS — The Saratoga Springs City Council on Nov. 19 voted 4-1 to approve the 2025 Proposed Budget for $62.6 million. There will be no increase in property taxes.

The 2025 budget represents a 2.12% increase from this year’s $61.29 million plan.

“The primary challenge our city faces is that rising expenses continue to outpace revenue growth. This is not unique to Saratoga Springs,” city Finance Commissioner Minita Sanghvi said. “Governments at both the local and state level are facing budgetary challenges. Inflation and personnel costs are key factors. I am also looking ahead to 2026, when the city will begin paying salaries for sixteen firefighters that staff our third fire station. Therefore, we approached this budget conservatively.”

The 2025 Proposed Budget includes $36.4 million for Public Safety, up approximately $340,000 increase from the 2024 Adopted Budget and a $4.1 million increase from the 2023 Adopted Budget. Public Safety made up 58% of the 2025 Proposed Budget. 

The Department of Public Works makes up 20% of the 2025 Proposed Budget, at $12.15 million, followed by the Mayor’s Department at 7.27%, the Finance Department at 7%, and then Recreation and Accounts at 5% and 3%, respectively. 

The Council also approved the use of $3.84 million in fund balance and the 2025 Proposed Capital Budget of $2.26 million – which includes the first $500,000 towards a new police department facility.